r/PropFirms

Founder disclosure upfront, im running The Leap propfirm. not posting to promote, genuinely want feedback before this scales.

Context. started this around november last year, but honestly the first 5 months the platform barely worked. shipped a real version maybe a week ago and theres still a list of things i know need fixing. not a full time trader either, day job is in medicine and full stack dev. running on metaapi infra, payouts in usdt or IDR, southeast asia focus.

Current setup is 2 step:

phase 1

- 10% profit target

- 5% daily loss limit

- 10% max drawdown

- min 5 trading days

phase 2

- 10% profit target

- 4% daily loss limit

- 8% max drawdown

- min 5 trading days

funded

- 4% daily, 8% max drawdown

- 80/20 split (85/15 on the bigger account)

- weekend holding allowed

- no consistency rule

stuff i actually want feedback on:

is 10% target with 10% DD on phase 1 too generous? i dont want the "designed to make you fail" reputation but if im too soft the unit economics dont work.

phase 2 keeps the same 10% target but tightens daily to 4% and max to 8%. so a trader who passed phase 1 has less room in phase 2. is that fair or backwards?

what rule from a firm youve used has burned you the worst. trying to learn from real complaints before i bake the same mistake in.

want the unfiltered version. were rough, were early, would rather get roasted now than after more people pay.

Im kinda nervous making this post, please be nice to me 😅

Buffer doesn't protect you from bad habits. It just delays the inevitable while giving the prop firm more chances to reclaim your money.

If you're at $3,000 profit and eligible to withdraw $1,000, trading before withdrawing risks both the paper loss and the withdrawal eligibility. If you lose that trade and breach a rule, you lost everything.

Withdraw first. You can only lose paper gains, not the secured $1,000. Props profit when you don't withdraw. Every day you delay is another day they can reclaim that money through a rule violation.

Withdraw the moment you hit eligibility.

After doing a few evaluations, I started noticing a difference that doesn’t get talked about much. Not all passes feel the same. Some passes are fast. You hit a couple strong trades, maybe catch a good move, and you’re done in a few days. Looks great on the dashboard.

But the cleaner passes usually take longer. Smaller gains, steady execution, no big swings. Nothing exciting, but everything makes sense when you review it. I’ve had both. And honestly, the fast ones don’t give me much confidence going into funded. It feels like I just caught momentum at the right time.

The slower ones feel boring while you’re in them, but they reflect how I actually trade over time. So now I don’t really chase speed anymore. If it takes longer but the trades are clean, I’m fine with that.

How do you guys look at it? Does speed matter to you, or do you care more about how the pass was built?